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Tax deadline extended due to COVID-19 crisis

Tax deadline extended due to COVID-19 crisis

Jackie DunhamCTVNews.ca Staff Writer @JaclynLDunham  Contact Published Wednesday, March 18, 2020 12:02PM EDT   TORONTO — The federal government is giving Canadians more time to file and pay their taxes this year, as a result of the COVID-19 pandemic. On...
Three D’s of tax planning

Three D’s of tax planning

By Jim Yih Last Updated: January 8, 2020 Tax planning must include strategies to deduct, defer and divide. The concept of effective tax planning can have a different meaning and emphasis depending upon your personal circumstances. Add in the fact that governments...
Difference Between Auditing & Accounting

Difference Between Auditing & Accounting

by Maxwell Wallace Auditing and accounting are two different financial processes that each serve particular purposes for small businesses. In financial terms, accounting encompasses the day-to-day management of organizational finances, including staff payroll and the...